Florida Poly to Lease New Housing Facilities to SFP Solaris

Scope & details

The full contract record, as filed.

Contract amount

Approximately $110 million in tax-exempt, off-balance-sheet bonds

Contract type

FACILITIES

Contract term

50-year ground lease; 40-year bond maturity; Project construction from December 2026 to August 2028; financial projections over 50 years

Renewal date

2076-08-31

Renewal

Ground lease is structured for 50 years with governance by a joint Board of Managers; future Phase 5 expansion will include performance-based exit clauses and Gilbane’s first-right-of-refusal within the lease footprint.

Document type

Minutes

Source document

Florida Polytechnic University Board of Trustees Meeting Minutes 2026-08-11

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Florida Polytechnic University?

Sfp Solaris Llc was awarded this facilities contract by Florida Polytechnic University, as recorded on August 11, 2026. The contract value is Approximately $110 million in tax-exempt, off-balance-sheet bonds.

How much is the Sfp Solaris Llc contract with Florida Polytechnic University worth?

The Sfp Solaris Llc contract with Florida Polytechnic University is valued at Approximately $110 million in tax-exempt, off-balance-sheet bonds, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Florida Polytechnic University Board of Trustees Meeting Minutes 2026-08-11 (Minutes), dated August 11, 2026 from Florida Polytechnic University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sfp Solaris Llc hold?

Sfp Solaris Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Sfp Solaris Llc's profile

What is Florida Polytechnic University currently buying?

Explore Florida Polytechnic University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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